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315 Rio Grande Boulevard NW
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315 Rio Grande Boulevard NW

315 Rio Grande Boulevard NW

Albuquerque, NM 87104

$590,000
1 ba • 3,495 sqft • 0.22 acres
1 Story
Stories
$169
Per SQFT
1930
Year Built
03/06/2026
Listing Date
1099347
Listing #
87104
Zip Code

About This Property

DO NOT ENTER PROPERTY/ DO NOT DISTURB TENANTS. Just steps to Old Town Plaza and almost a quarter acre lot. Rare find! Available are two side-by-side multi-unit/ multi-building properties in prime Old Town (also see listing for 319 Rio Grande NW [next door]). This property consists of a Rio Grande Blvd-facing commercial storefront building with a private exterior entry 2nd floor studio apt., a separate duplex building (one 2-bed/1-bath + one studio/1-bath) as well as a private 2-bed/1-bath casita at the back of the lot. Close to I-25, Rio Grande River, downtown, etc. Great potential for possible complete redevelopment? Or rehab as a multi-unit AirBnB with gift shop or gallery. Or maybe even turn this property into a multi-generational private urban ''homestead'' with a family-run store.

Interior

Bathrooms Total: 1
Appliances: Refrigerator
Flooring: Concrete

Building And Construction

Property Type: Residential Income
Building Area Total: 3,495 sqft
Year Built: 1930
Construction Materials: Block, Frame, Other, Stucco
Levels: One
Number Of Units Total: 5
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.22
Lot Size Square Feet: 9,531 sqft

Provisional

MLS #: 1099347
Listing Terms: Cash, Conventional
Number Of Buildings: 3
Occupant Type: Owner
Owner Pays: Sewer, Trash Collection, Water

Area And Schools

City: Albuquerque
Postal Code: 87104
MLS Area Major: Downtown Area
County: Bernalillo
Parcel Number: 101305807835421219

Utilities

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available
Cooling: Evaporative Cooling
Heating: Wall Furnace
Heating (Y/N): Yes

Location

Directions: From Mountain Rd. and Rio Grande, go south towards Central. Property is on west side of street.

Mortgage Calculator

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Listing courtesy of Absolute Real Estate
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Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM